You could receive tax credits or tax deductions for your research and development expenditures. This helps reduce the financial burden of innovation and could allow you to reinvest the saved funds into further R&D initiatives, further accelerating innovation within your business and propelling the aerospace, defence and space sectors forward.
The benefits extend beyond immediate cost savings, as the R&D tax relief promotes growth, drives competitiveness, and fosters a culture of continuous improvement within the industry.
Designing and improving innovative propulsion technologies for use with sustainable sources of fuel (SAF, Hydrogen and electric), as well as engines with enhanced fuel efficiency or reduced emissions.
Projects involving the development of new lightweight and high-strength materials for use in aircraft and defence equipment, such as composites or alloys with superior properties.
R&D activities aimed at enhancing the capabilities of UAVs and autonomous systems, including navigation, control systems, and integration of advanced sensors.
Research and development initiatives related to space exploration, satellite technologies, and satellite communication systems, including the development of new satellite components, launch vehicles, or space exploration instruments.
Research and development projects focused on improving the performance, durability, or efficiency of military equipment, such as armoured vehicles, communications systems, or weaponry.
We help companies navigate the complexities of applying for innovation funding, ensuring that businesses already benefitting maximise their entitlement, as well as enabling those encountering the process for the first time to achieve a smooth route through it. We also manage the impact of grant funding and subsidies on R&D tax benefits.
Our Innovation Funding Consultants – highly professional post-graduate qualified scientists and engineers with experience in the aerospace and defence sectors – will gather all the information they need quickly and efficiently, peer-to-peer with your team.
✅ We write the Technical Report,
✅ collate all the eligible costs and
✅ calculate the associated benefit for inclusion in your company tax return.
✅ we take care of any queries from the relevant tax authority as enquiry defence is included free-of-charge with every claim we submit.
Visit our R&D Tax Credits page to find out more.